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EURUSD

  • #765,321
  • Feb 28, 2013 3:13am Feb 28, 2013 3:13am
im ready to blow my demo account now...hahaha..(swing practice may be fail today )
  • #765,322
  • Feb 28, 2013 3:14am Feb 28, 2013 3:14am
Deep explanation Math, thank you.
Quoting math_GB
There is no PA yet. This hour will provide some but the real action will be before London close. Many things happen at the same time at month-ends, don't just think FX; equity and fixed income trading books seek the most profitable figures. No one is stupid enough to show what has been exactly lost before the first quarter of the year, it may cost many jobs.

Also, funds need new clients or keep the existing ones and they also need to show a flashy figure to convince them.

Remember, portfolio performances are measured mostly in USD, so the...
Those who know don't talk. Those who talk don't know.
  • #765,323
  • Feb 28, 2013 3:16am Feb 28, 2013 3:16am
@math_GB you're right, GLOCAL!
  • #765,324
  • Feb 28, 2013 3:17am Feb 28, 2013 3:17am
Quoting msetai
out -5

nice 20 pips down move after German unemployment data...why U put order before important info
The market was bullish, turned bearish, and you'are brokish!!!
  • #765,325
  • Feb 28, 2013 3:17am Feb 28, 2013 3:17am
Quoting FXThug
nice 20 pips down move after German unemployment data...why U put order before important info
i thought i would be able to get out, i should have taken it out at +3 or moved to BE at least
  • #765,326
  • Feb 28, 2013 3:18am Feb 28, 2013 3:18am
Morning guys. Think we can still head down a little bit maybe to the 1.3087
Attached Image (click to enlarge)
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When the facts change I change my mind, what do you do sir
  • #765,327
  • Feb 28, 2013 3:20am Feb 28, 2013 3:20am
Quoting math_GB
There is no PA yet. This hour will provide some but the real action will be before London close. Many things happen at the same time at month-ends, don't just think FX; equity and fixed income trading books seek the most profitable figures. No one is stupid enough to show what has been exactly lost before the first quarter of the year, it may cost many jobs.

Also, funds need new clients or keep the existing ones and they also need to show a flashy figure to convince them.

Remember, portfolio performances are measured mostly in USD, so the...
True. You think they will take profit to lock in gains after the monster day yesterday and before the "sequester" hits tomorrow?

Killin that Yen. May get stronger throughout the day. Watch out for EJ
When the facts change I change my mind, what do you do sir
  • #765,328
  • Feb 28, 2013 3:24am Feb 28, 2013 3:24am
Huh... not reaching my target to sell. 1.3170. Well, maybe next time...
  • #765,329
  • Feb 28, 2013 3:26am Feb 28, 2013 3:26am
Quoting math_GB
Not a single trade yet mate, attempt to buy around 121.20s and sell 121.60s. This is my very short term plan...
did you ever pull the trigger on that long? im guessing not
  • #765,330
  • Feb 28, 2013 3:26am Feb 28, 2013 3:26am
Quoting Pip Anon
True. You think they will take profit to lock in gains after the monster day yesterday and before the "sequester" hits tomorrow?
If I were a risk manager of a trading desk, I would urge my traders to lock in profits on monday not at the last minute which probably happened in many trading houses...
  • #765,331
  • Feb 28, 2013 3:28am Feb 28, 2013 3:28am
Took a long just here @120.80 SL 120.65 TP 121.60
  • #765,332
  • Feb 28, 2013 3:30am Feb 28, 2013 3:30am
got out of EJ short trade from yesterday... definetly not touching this in a short while as it seems retail buy order requests are sent faster than traders in London can sell
  • #765,333
  • Feb 28, 2013 3:31am Feb 28, 2013 3:31am
took long eu here at 1.3110 wish me luck. the price move just like i'm expected. : D
Everything in the world has its own rhytms
  • #765,334
  • Feb 28, 2013 3:32am Feb 28, 2013 3:32am
Quoting math_GB
If I were a risk manager of a trading desk, I would urge my traders to lock in profits on monday not at the last minute which probably happened in many trading houses...
Lol. And miss out on Benny's free candy?
When the facts change I change my mind, what do you do sir
  • #765,335
  • Feb 28, 2013 3:34am Feb 28, 2013 3:34am
long
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The market was bullish, turned bearish, and you'are brokish!!!
  • #765,336
  • Feb 28, 2013 3:35am Feb 28, 2013 3:35am
Long EU @ 1.3115
  • #765,337
  • Feb 28, 2013 3:35am Feb 28, 2013 3:35am
Quoting msetai
did you ever pull the trigger on that long? im guessing not
Nope, PA showed the nasty face around there waited and tried at 120.80. The move may not be over tough, very cautious...
  • #765,338
  • Feb 28, 2013 3:36am Feb 28, 2013 3:36am
rumor factory in action watch out
Mohan
  • #765,339
  • Feb 28, 2013 3:36am Feb 28, 2013 3:36am
morning.. up or down, damn it?
  • #765,340
  • Feb 28, 2013 3:38am Feb 28, 2013 3:38am
Quoting attila
morning.. up or down, damn it?
end of month what you expect
Mohan
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